9911796707
TMI BlogRegistration of dealersX X X X Extracts X X X X X X X X Extracts X X X X ..... , as the case may be, may, notwithstanding that he is not liable to pay tax under this Act, apply for registration under this Act to the authority referred to in sub-section (1), and every such application shall contain such particulars as may be prescribed. Explanation : For the purposes of this sub-section, a dealer shall be deemed to be liable to pay tax under the sales tax law of the appropriate State notwithstanding that under such law a sale or purchase made by him is exempt from tax or refund or rebate of tax is admissible in respect thereof. ] 2 [ (2A) Where it appears necessary to the authority to whom an application is made under sub-section (1) or sub-section (2) so to do for the proper realisation of the tax payable un ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nted, to furnish within such time as may be specified in the order and in the prescribed manner such security, or, if the dealer has already furnished any security in pursuance of an order under this sub-section or sub-section (2A), such additional security, as may be specified in the order, for all or any of the aforesaid purposes. ] 6 [ (3B) No dealer shall be required to furnish any security under sub-section (2A) or any security or additional security under sub-section (3A) unless he has been given an opportunity of being heard. (3BB) The amount of security which a dealer may be required to furnish under sub-section (2A) or sub-section (3A) or the aggregate of the amount of such security and the amount of additional security whic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ity granting the certificate of registration may by order and for good and sufficient cause forfeit the whole or any part of the security furnished by a dealer, ( a ) for realising any amount of tax or penalty payable by the dealer ; ( b ) if the dealer is found to have misused any of the forms referred to in sub-section (2A) or to have failed to keep them in proper custody : Provided that no order shall be passed under this sub-section without giving the dealer an opportunity of being heard. (3E) Where by reason of an order under sub-section (3D), the security furnished by any dealer is rendered insufficient, he shall make up the deficiency in such manner and within such time as may be prescribed. (3F) The authorit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n any appeal under sub-section (3H) shall be final. ] 8 [ (4) A certificate of registration granted under this section may ( a ) either on the application of the dealer to whom it has been granted, or where no such application has been made, after due notice to the dealer, be amended by the authority granting it if he is satisfied that by reason of the registered dealer having changed the name, place or nature of his business or the class or classes of goods in which he carries on business or for any other person the certificate of registration granted to him requires to be amended; or ( b ) be cancelled by the authority granting it where he is satisfied, after due notice to the dealer to whom it has been granted, that ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... read as No dealer shall be required to furnish any security under sub-section (2A) or any security or additional security under sub-section (3A) by the authority referred to therein, unless he has been given an opportunity of being heard and the amount of security that may be required to be furnish by any dealer under either of the aforesaid sub-sections or the aggregate of the amount of such security and the amount of additional security which he may be required to furnished by any dealer under sub-section (3A), shall in no case not exceed the tax payable, in accordance with the estimate of such authority, on the turnover of such dealer for the year in which such security or, as the case may be, additional security is required to be furni ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
